Indianapolis Named As A "TOP" Affordable Place to Live by Forbes

By
Real Estate Agent with Community Association Manager

CapitolForbes

 

 

In a recent article written by Matt Woosley, Indianapolis was named as the number one city with an affordable housing market in comparison to median income.

Indianapolis, IN has a Median home price of $112,500.  Its Median household income is $60,383, which give us an affordable home sales rating of 89%.

The second most affordable city to live in is Cleveland, OH and the third is Detroit, MI.

For more information about these affordable cities, visit Most affordable real estate markets.

If you're considering a move to the Greater Indianapolis Area, please visit http://cyndisellsindy.com for home searches and area reports.

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Rainmaker
453,735
LLoyd Nichols
Premier Florida Realty of SWFL - Fort Myers, FL
Southwest Florida Homes By The Sea

Cynthia...that is a big plus for your fair city of Indianapolis, IN .

Ihad these clients a while back and they were flabbergasted at our prices. Of course they wanted to be one mn to the beach. I also like that your market didnt go through that crazy appreciation in 2004-2005 and instead has this steady appreciation. Some made a bundle here,and some are sooo streched now .I prefer a steady, solid appreciation and  I hope that this is the direction we are taking now. WE are adjusting our prices dramatically for the last 10 months.It about time and this helps. Indianapolis looks solid.Of curse you have alot of houses in your city which we would consider underpriced.

Aug 10, 2007 04:50 PM #1
Rainmaker
337,735
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon
Cyndi - whoo hooo things good news is always a way to boost business.... go get em girl
Aug 10, 2007 06:19 PM #2
Ambassador
531,320
Tracy Santrock
Fonville Morisey/Santrock Realty Group, Inc. - Cary, NC
Raleigh - Cary Realtor/Broker In Charge
Congrats on the ranking.  It's nice to know there are still a few affordable towns.  We had two towns in our area make the list - Apex #14 and Holly Springs #22..
Aug 27, 2007 10:44 PM #3
Anonymous
Mr Mogul

Indianapolis and Cleveberg yes, Detroit a definite no.  Ask the thousands of people who are running in the opposite direction from the Ren Cen if Detroit is within the top three for buying a dream home......

Dec 24, 2008 10:06 AM #4
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